What analysts say:
- Buy, sell, or hold?: Analysts strongly back AT&T, with 13 of 25 rating it a buy and the remainder rating it a hold. Analysts like AT&T better than competitor Verizon Communications overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $31.62 billion in revenue this quarter. That would represent a rise of 0.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.61 per share. Estimates range from $0.56 to $0.63.
What our community says:
CAPS All-Stars are solidly behind the stock with 95.1% giving it an "outperform" rating. The community at large backs the All-Stars with 92.4% awarding it a rating of "outperform." Fools are keen on AT&T and haven't been shy with their opinions lately, logging 1,713 posts in the past 30 days. Despite the majority sentiment in favor of AT&T, the stock has a middling CAPS rating of three out of five stars.
AT&T's profit has risen year over year by an average of 61.9% over the past five quarters. Revenue has now gone up for three straight quarters. The company's gross margin shrank by 2.1 percentage points in the last quarter. Revenue rose 2.2% while cost of sales rose 7.7% to $13.33 billion from a year earlier.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add AT&T now.
Motley Fool newsletter services have recommended buying shares of AT&T. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.